Which of the following does not appear as a separate section on the cash budget?

Entry field with correct answer

Cash receipts

Cash disbursements

Financing

Capital expenditures

The correct answer is "Capital expenditures".

Explanation:

Capital expenditures, also known as capital expenses, are all the funds that a company uses to acquire or maintain their physical goods, such as buildings or equipment. Capital expenditures are part of the cash budget of a company, because the company must include them as part of the investment in long-term projects. Usually capital expenditures are planned for periods of five to ten years.